Chart, page-11631

True. June will be tricky. Given it will probably climb nicely from here during the rest of April and May, it is tempting to retire some investment in May, and come back in June, but given the damage AT has done to his reputation, he will have a big incentive to get an SDV announcement out in June before the new CEO comes on in July.....but, holding for the expected announcements has been the mistake many of us have made in the last 8 months. Our time frames, and theirs have simply not been meshing much so far this year, and they continue to do things in a way that is too opaque - even if they turn out later to be the right things. The good / wisdom is too often realised too late to impact the SP. Eg - Not including the northern tenements in their resource estimates (and then selling them for $400 mill odd - seemingly out of the blue when we didn't even know they existed, but therefore not impacting forward values), doing the circuit upgrades and pit change-over during the low spot in the Li market (but explaining after the fact), stock piling in first Qtr for sale at better price and in larger shipments in later qtrs (while wharf holding pens are being expanded to allow bigger shipments) being perfect examples. All wise decisions, but terribly handled. They treat share holders as a potential enemy, rather than friends to be brought along for the ride.